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This article discusses the technology industry’s hotbed of innovation, driven by technological progress, heightened connectivity, and the need for businesses to stay competitive. It also looks at the evolution of innovation, which follows an S-shaped curve from early emergence to accelerating adoption and finally stabilisation and maturity. GlobalData’s Technology Foresights report identifies over 300 innovation areas that will shape the future of the industry, with finite element simulation, ML-enabled blockchain networks, and generative adversarial network (GAN) being some of the disruptive technologies in the early stages of application.